Financial Planning

Our associated company Banks Sheridan Wealth provide the highest level of service and care, giving peace of mind for a secure financial future ahead.

No matter what your requirements our experts work with you providing tailored solutions ensuring your hard-earned money is achieving your aims.

Working in collaboration with our accountancy, tax and payroll specialists, our financial services team ensure that there is a team-focused effort in effective planning for a future in a way that suits you.

Click on any section within our financial planning section to take you to the dedicated Banks Sheridan Wealth website.

Banks Sheridan Wealth ltd is authorised and regulated by the Financial Conduct Authority

https://www.bswealth.co.uk/

Case studies

John Pass Limited

The company is a third-generation family-run retailer, selling fine jewelry and watches. It operates from two shops and is widely recognised for providing excellent customer service.

Frequently asked questions

Wealth management is a comprehensive approach to financial planning that encompasses investment advice, tax strategies, estate planning, and more to achieve an individual’s financial goals.

Individuals or families with a significant amount of assets can benefit from wealth management to optimise their financial situation, protect their wealth, and plan for the future.

The threshold varies among firms, but many wealth management services cater to individuals with a substantial amount of investable assets.

Costs can vary based on the firm, the complexity of services provided, and the amount of assets under management. Some firms charge a percentage of assets managed, while others may have a fixed fee or hourly rate.

While both focus on helping individuals achieve their financial goals, wealth management offers a more holistic approach, encompassing a wider range of services tailored to high-net-worth individuals.

Wealth planning is a subset of wealth management that focuses on long-term strategies to grow and protect wealth, considering factors like investments, tax planning, estate planning, and more.

A well-defined strategy is essential to ensure that your wealth is managed effectively, aligning with your financial goals and risk tolerance.

Wealth protection strategies can include diversifying investments, tax optimisation, estate planning, and ensuring you have the right insurance coverage.

A wealth management firm brings expertise in various financial domains, ensuring that all aspects of your financial life are addressed in a coordinated manner.

A fiduciary is obligated to act in the best interest of their clients. It’s essential to confirm whether the wealth manager you’re considering operates as a fiduciary.

Factsheets

We have a wealth of useful business, tax and financial information in our Information Hub – contact us for help and advice specific to your circumstances.

Show me →